finops:
  model: free-with-account
  description: >
    eToro provides API access at no direct cost to verified account holders
    enrolled in the eToro Builders early access program. There are no API
    subscription fees, per-call charges, or data licensing fees for using the
    public API. eToro's revenue is generated through the underlying brokerage
    and investment platform relationship rather than API monetization. The
    primary revenue sources include the spread on trades (the difference between
    buy and sell prices), overnight rollover fees, withdrawal fees, currency
    conversion fees, and inactivity fees on dormant accounts.

  cost-to-consumer:
    api-subscription: $0
    per-call: $0
    data-licensing: $0
    notes: >
      Free for any verified eToro account holder enrolled in the Builders
      program. No API-specific fees apply. Standard platform fees (spreads,
      overnight fees, withdrawal charges) apply to trades placed via the API
      in the same way they apply to trades placed via the eToro web or mobile
      platform.

  revenue-model:
    primary:
      - type: Trading Spreads
        description: >
          eToro earns revenue through the spread — the difference between the
          buy (ask) and sell (bid) price on trades. Spreads vary by asset class
          and instrument. Crypto assets typically carry wider spreads than
          equities. This applies to all trades including those placed via API.
      - type: Overnight Rollover (CFD) Fees
        description: >
          Contracts for Difference (CFD) positions held overnight incur a
          rollover fee. Rates vary by instrument and direction (long/short).
          This fee applies to leveraged positions on stocks, commodities,
          currencies, and indices held beyond market close.
      - type: Currency Conversion Fee
        description: >
          eToro charges a conversion fee (up to 1.5%) when a trade is executed
          in a currency other than USD, or when depositing/withdrawing in a
          non-USD currency. This applies to API-placed trades as well.
    secondary:
      - type: Withdrawal Fee
        description: >
          eToro charges a flat withdrawal fee of $5 per withdrawal request,
          with a minimum withdrawal amount of $30.
      - type: Inactivity Fee
        description: >
          Accounts with no login activity for 12 consecutive months are charged
          a $10 per month inactivity fee, applied against available cash balance.
      - type: eToro App Store (Forthcoming)
        description: >
          eToro announced an App Store marketplace enabling developers to
          distribute trading tools and dashboards to eToro users. Commercial
          revenue sharing or listing terms were not disclosed as of the catalog
          creation date.

  platform-fees:
    url: https://www.etoro.com/trading/fees/
    notes: >
      All platform fees (spreads, overnight rates, withdrawal charges) apply
      equally to activity initiated via the API. API access itself is free;
      the cost of trading on eToro is embedded in the trading fees and spreads
      charged by the platform.

notes: >
  The eToro Public API was in early access as of mid-2026. No paid API tiers,
  commercial data licensing programs, or volume-based API pricing were publicly
  disclosed. Financial data reflects publicly available eToro fee disclosures.
  eToro is regulated in multiple jurisdictions; fee structures may vary by
  country of registration.